Springview (NASDAQ:SPHL) Stock Price Down 29.2% – What’s Next?

Springview Holdings Ltd (NASDAQ:SPHL) shares traded down 29.2% on Tuesday . The company traded as low as $3.22 and last traded at $3.29. 387,746 shares changed hands during mid-day trading, a decline of 81% from the average session volume of 2,094,396 shares. The stock had previously closed at $4.65.

Analyst Ratings Changes

Separately, Weiss Ratings lowered Springview from a “sell (d)” rating to a “sell (e+)” rating in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Springview has an average rating of “Sell”.

Springview Price Performance

The company has a quick ratio of 3.37, a current ratio of 3.37 and a debt-to-equity ratio of 0.06. The stock has a fifty day moving average of $2.68 and a 200-day moving average of $3.29.

Springview (NASDAQ:SPHL) last issued its quarterly earnings data on Tuesday, April 28th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $1.57 million for the quarter.

Springview Company Profile

Our company, through our indirect wholly owned subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”), designs and constructs residential and commercial buildings in Singapore. Our projects cover four main types of work: (i) new construction, (ii) reconstruction, (iii) additions and alterations (A&A), and (iv) other general contracting services. For new construction, an existing house will be demolished, and a new house will be rebuilt. Our reconstruction work involves replacement of a substantial part of a house.